Hot Pursuit     21-Oct-24
T D Power Systems rises after bagging 5-year supply contract for European market
T D Power Systems advanced 2.24% to Rs 414.85 after the company said that it has signed a 5-year contract with an Indian entity of a major international company for the supply of traction motors to the European market.

The initial order worth Rs 18 crore has been received by the company for scheduled delivery in April 2025. "The total business volume is expected to be around Rs 300 crore over the next 5 years,” T D Power stated.

TD Power Systems is engaged in manufacturing AC Generators and Electric Motors for various applications which are specifically designed and tailor-made to suit the needs of the customers based on their requirements and specifications.

The company's consolidated net profit rose 32.65% to Rs 35.35 crore on a 24.28% increase in sales to Rs 273.78 crore in Q1 FY25 over Q1 FY24.

Previous News
  TD Power Systems receives affirmation in credit ratings
 ( Corporate News - 25-Apr-25   10:46 )
  TD Power Systems consolidated net profit rises 50.27% in the December 2024 quarter
 ( Results - Announcements 07-Feb-25   07:27 )
  TD Power Systems to conduct board meeting
 ( Corporate News - 24-Jan-25   15:57 )
  TD Power Systems wins an order of Rs 57 cr from NPCIL
 ( Corporate News - 20-Jan-25   10:09 )
  TD Power Systems consolidated net profit rises 25.94% in the September 2024 quarter
 ( Results - Announcements 29-Oct-24   17:15 )
  T D Power Systems fixes record date for Dividend
 ( Market Beat - Reports 29-Oct-24   16:22 )
  Board of TD Power Systems recommends Interim Dividend
 ( Corporate News - 29-Oct-24   16:20 )
  TD Power Systems bags multi-year contract for supply of traction motors
 ( Corporate News - 21-Oct-24   17:37 )
  T D Power Systems rises after bagging 5-year supply contract for European market
 ( Hot Pursuit - 21-Oct-24   13:31 )
  TD Power Systems to convene board meeting
 ( Corporate News - 18-Oct-24   17:17 )
  T D Power soars after bagging supply contracts worth Rs 142 crore from 2 international clients
 ( Hot Pursuit - 15-Oct-24   12:34 )
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